North America Electronic Lab Notebooks Market to be Worth $372.7 Million by 2030

North America Electronic Lab Notebooks Market by Product (Cross-disciplinary, Specific), Technology (Proprietary, Open-source), Channel (Web & Cloud-based, On-premise), End User (Pharmaceutical, Biotech, CROs, Academia/Research, F&B) – Forecast to 2030

The North America Electronic Lab Notebooks Market is projected to reach $372.7 million by 2030, at a CAGR of 6.8% from 2023 to 2030. Electronic lab notebooks allow users to store and process data. Users can enter protocols, observations, notes, and other data using a computer or smart device. Electronic lab notebooks enable good data management practices and provide data security.

The growth of this market is driven by the increasing R&D activities in the life sciences industry, the growing use of automation in laboratories, technological advancements in laboratory informatics solutions, and the rising need to comply with regulatory frameworks. In addition, the growing scope of cloud-based ELNs and the integration of artificial intelligence are expected to generate market growth opportunities in the coming years.

However, cost constraints and the reluctance to replace traditional lab notebooks with electronic lab notebooks may restrain the growth of this market to some extent. Also, data security & privacy concerns are a major challenge for the players operating in this market.